The team behind meme cryptocurrency Shiba Inu (SHIB) has issued a public warning against ongoing online scams that primarily target altcoin investors interested in SHIB tokens.
The proactive scam alert came in the form of a tweet detailing the various methods used to dupe unsuspecting victims from the Shiba Inu community.
Stay Alert & Safe #ShibArmy!
We’ve been made aware of a recent scam, traveling social media, and other communication platforms.
Here’s a quick video to provide more information on the matter. pic.twitter.com/UOh50WsJSQ
— Shib (@Shibtoken) November 21, 2021
The warning further stated, “A fake Shiba Telegram group is being shared across all social media. The scammers impersonate official accounts and create fake users. These scammers reply to general posts.”
While Shiba Inu attracts aspiring crypto millionaires and billionaires, bad actors have ramped up efforts targeting unwary investors on social media…